China Minsheng Banking Dividend
Dividend criteria checks 4/6
China Minsheng Banking is a dividend paying company with a current yield of 5.47% that is well covered by earnings.
Key information
5.5%
Dividend yield
31%
Payout ratio
Industry average yield | 5.4% |
Next dividend pay date | n/a |
Ex dividend date | n/a |
Dividend per share | n/a |
Earnings per share | CN¥0.70 |
Dividend yield forecast in 3Y | 6.1% |
Recent dividend updates
Recent updates
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: 600016's dividend payments have been volatile in the past 10 years.
Growing Dividend: 600016's dividend payments have fallen over the past 10 years.
Dividend Yield vs Market
China Minsheng Banking Dividend Yield vs Market |
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Segment | Dividend Yield |
---|---|
Company (600016) | 5.5% |
Market Bottom 25% (CN) | 0.6% |
Market Top 25% (CN) | 2.4% |
Industry Average (Banks) | 5.4% |
Analyst forecast in 3 Years (600016) | 6.1% |
Notable Dividend: 600016's dividend (5.47%) is higher than the bottom 25% of dividend payers in the CN market (0.65%).
High Dividend: 600016's dividend (5.47%) is in the top 25% of dividend payers in the CN market (2.35%)
Current Payout to Shareholders
Earnings Coverage: With its reasonably low payout ratio (30.8%), 600016's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 600016's dividends in 3 years are forecast to be well covered by earnings (29.1% payout ratio).